How to Identify and Mitigate a Bitcoin Dust Attack

How to Recognize a Bitcoin 'Dust Attack' and Deal With Invasive FundsBitcoin transactions are not anonymous but users can still add a layer of privacy by using different addresses and other techniques to confuse blockchain surveillance. However, a de-anonymization method known as a dust attack is on the rise. If the microtransactions that characterize a dust attack go unnoticed, they can potentially be used to identify […]

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Texas Representative Wants to Ban the Anonymous Use of Cryptocurrency

Texas Representative Wants to Ban the Anonymous Use of CryptocurrencyA Republican member of the Texas House of Representatives, Phil Stephenson, has just introduced a bill that would require residents of the state to identify themselves if they wish to use cryptocurrencies. H.B. No. 4371 details that individuals who send and receive digital currencies must be known. Although, if the user happens to use a […]

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Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance

On Jan. 24, Adam Gibson, author of Waxwing’s Joinmarket blog, wrote about an interesting Coinjoin concept called Payjoin. The protocol further obfuscates the ownership of UTXO inputs during a Coinjoin transaction mixing cycle. According to Gibson, the Payjoin technique is “another nail in the coffin of blockchain analysis.” Also read: Mystery Bitcoin Miners Are Altering Mining […]

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China Cracks Down on Anonymity of Blockchain and Crypto Service Providers

bitcoin china

China has always been a very interesting region to keep an eye on when it comes to cryptocurrency. Unfortunately, that is not always for the right reasons either, which is what makes every bit of news a double-edged blade. In the latest “publicity stunt” Chinese officials are now looking for ways to deanonymize cryptocurrency and […]

The post China Cracks Down on Anonymity of Blockchain and Crypto Service Providers appeared first on NullTX.

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Review: Wasabi’s Privacy-Focused BTC Wallet Aims to Make Bitcoin Fungible Again

Review: Wasabi’s Privacy-focused BTC Wallet Aims to Make Bitcoin Fungible AgainPrivacy is relative, but by many people’s reckoning, bitcoin could use greater anonymity. The Bitcoin Core protocol hasn’t changed much over the past decade, but the tools used to forensically inspect it have. In a bid to reclaim some of that eroding privacy, a number of fungibility-enhancing tools have been released by open source developers. […]

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